NOT LISTED FOR SALE

518 Rutledge St Gary, IN 46404

Ambridge-Mann Neighborhood

Estimated Value: $106,000 - $197,000

3 Beds
2 Baths
1,750 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $90,518 $52 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $826/month

26 Days on Market

Highlights

  • River Front
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • Corner Lot
  • Cooling Available

About This Home

As of February 2023

Charming all brick Cape Cod home in solid condition available just in time for Christmas.Featuring 3 bedrooms and 1 3/4 baths.Large 2.5 car garage with unique brick fence lining theside of the home.Newer windows and hard wood flooring underneath the carpet.Wonderful investment property for a investor.

Last Agent to Sell the Property

Luciano Cruz

Advanced Real Estate, LLC License #RB16000870 Listed on: 12/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1942

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 127 x 40
  • River Front
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • Living Room
  • Dining Room
  • Portable Gas Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450805333015000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Corner Lot, Curbs, Nearly Level, Paved Road, River Front, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR1830
  • Co List Office Mls Id: GNR1830
  • Subdivision Name: NA
  • Architectural Style: Cape Cod
  • GNR_Exterior: Brick
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.75
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Portable Gas Range, Washer
  • Interior Amenities: Main Floor Bedroom, None
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fence, None
  • Acres: 0.117

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 127 x 40
  • Lot Size Sq Ft: 5097
  • Parcel #: 450805333015000004

Tax Info

  • Year: 2021
  • Tax Annual Amount: 736

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 14, 2023
Sold by
Walker Rebecca
Bought by
Lee Shirley and Jackson Albert
Seller's Agent
Luciano Cruz
Advanced Real Estate, LLC
List Price
$85,518
Sold Price
$90,518
Premium/Discount to List
$5,000
5.85%
Current Estimated Value
$143,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,132
Avg. Annual Appreciation
17.46%
Original Mortgage
$88,877
Outstanding Balance
$85,749
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$57,901
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Shirley $90,518 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Shirley $88,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $90,518 +5.8% $52 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $85,518 -- $49 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $889 $93,200 $6,700 $86,500
2024 $6,498 $78,100 $6,700 $71,400
2023 $794 $73,700 $6,300 $67,400
2022 $794 $68,400 $4,000 $64,400
2021 $736 $63,400 $4,000 $59,400
2020 $728 $62,700 $4,000 $58,700
2019 $663 $59,500 $4,000 $55,500
2018 $679 $56,000 $3,800 $52,200
2017 $659 $56,700 $3,800 $52,900
2016 $681 $59,200 $3,800 $55,400
2014 $714 $64,800 $4,700 $60,100
2013 $685 $63,500 $4,700 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Luciano Cruz

    Seller's Agent in 2023

    Luciano Cruz

    Advanced Real Estate, LLC

    (630) 200-6800

    2 in this area

    35 Total Sales

    Luciano Cruz
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR524010

Northwest Indiana Association of REALTORS®

APN: 45-08-05-333-015.000-004

Indiana Lake County Gary 46404 Ambridge-Mann

518 Rutledge St, Gary, IN

Not Listed for Sale

Detached

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